The Magsafe is rated for 85W, but to be safe I would get at least a 150W inverter. Cheap inverters put out modified sine power, which is usually a good enough approximation of real AC power, but it can do some strange things. If the power factor of the Magsafe on modified sine power is less than 1, it will take more than an 85W inverter to power an 85W Magsafe at full load. I don't know what the power factor of a Magsafe on an inverter is, but I do know it gets much warmer running off an inverter.
It would probably be a good idea to get the 12V->USB charger linked to above and charge the iphones off that to reduce the load on the Magsafe if you are using the computer heavily. If you put the inverter and USB charger on a cigarette lighter splitter, make sure the splitter can handle the current (usually 10A max for a cigarette lighter outlet).